Stories

Acute worker shortage is hitting national hiring numbers

Ford's Dearborn, MI plant, 1928. Photo: Hulton Archive/Getty

For the first time in a decade, the U.S. worker shortage is so pronounced that it is visible in suppressed aggregate hiring numbers, economists say, and it will probably become worse.

Quick take: Ahead of Friday's new U.S. jobs report from the Bureau of Labor Statistics, ADP, the payroll company, said the economy produced 178,000 new jobs in May, which economists said is strong but muted compared with demand.